Merchandise Planning Assistant

Macy's • New York, NY

16h • $56,280 - $93,720 • Onsite

About The Position

The Assistant, Merchandise Planning will assist in developing and executing merchandise strategies to achieve financial targets. They are responsible for analyzing sales data and trends for forecasting, developing seasonal merchandise plans and assortment strategies and monitoring inventory levels and sell-through rates.

Requirements

• Strong communication, storytelling, and presentation skills to effectively convey information to stakeholders.
• Capability to work independently with minimal supervision and adapt to a flexible schedule based on department and store/company needs.
• Proficiency in demand forecasting and inventory optimization techniques.
• Experience in optimizing and executing hold and flow strategies for inventory management.
• Ability to manage risk optimization and service levels effectively.
• Strong analytical skills, including trend and pattern recognition, and the ability to solve problems efficiently.
• Proficiency in effectively planning and executing strategies to achieve objectives.
• Capability to recognize issues and address them directly, ensuring smooth operations.
• Candidates with a bachelor’s degree or equivalent work experience in a related field are encouraged to apply.
• 1-2 years of financial or inventory management experience.
• This role involves performing essential job functions such as communication, collaboration, and use of office and computer systems.
• Responsibilities include the ability to access and review written and electronic information, and to move within the work environment and interact with workplace materials as needed to carry out job responsibilities.
• Able to work a flexible schedule based on department and company needs.

Responsibilities

• Analyze historical sales data, current trends, and market information to forecast future sales and demand.
• Assist in developing seasonal merchandise plans and assortment strategies in collaboration with cross-functional teams, including buying, marketing, and inventory management.
• Monitor inventory levels and sell-through rates, identifying risks and opportunities to optimize stock levels and minimize excess inventory.
• Generate and maintain regular reports on sales performance, inventory metrics, and key performance indicators (KPIs) to track progress against targets.
• Assist in the creation and maintenance of merchandise financial plans, including sales, margin, and inventory targets.
• Foster an environment of acceptance and respect that strengthens relationships, and ensures authentic connections with colleagues, customers, and communities.
• Support ad-hoc analysis and projects as needed.

Benefits

• Competitive pay
• Comprehensive health and wellness coverage
• 401(k) match
• Paid time off
• Eight paid holidays
• Continuous learning
• Leadership development
• Merchandise discounts
• Performance-based incentives
• Annual merit review
• Employee Assistance Program with mental health counseling and legal/financial advice
• Tuition reimbursement

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level